1839 1839 Commerce Way, Oakland, California 94606, Oakland, 94606 - 2 bed, 1 bath

1839 1839 Commerce Way
Oakland, California 94606
Property Price
SUMMARY
Analysis of 1839 1839 Commerce Way, Oakland, California 94606 reveals a Fairly Priced Property with a current list price of $499,000 aligned with the estimated $485,238 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1839 1839 Commerce Way Subject | $499,000* List Price | 2 | 1 | 1,078 | $450 | - |
A 2346 23rd Ave Sold | $450,000 | 2 | 1 | 1,000 | $450 | 0.5 mi |
B 1538 1538 20th Ave Active Under Contract | $498,000 List Price | 2 | 1 | 888 | $561 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features a recently remodeled kitchen with modern cabinetry and updated countertops, as well as a renovated bathroom with contemporary fixtures. While the home was built in 1924, it has been well-maintained with fresh interior and exterior paint. It falls into the 'good' category rather than 'excellent' because, despite the key room updates, the 100-year-old structure and unfinished basement suggest that while major systems are functional, the property has not undergone a total, top-to-bottom new construction-style renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker Highlands Elementary School (9/10).
- ADU & Value-Add Potential
The spacious basement offers significant potential for an Accessory Dwelling Unit (ADU), providing a rare opportunity for rental income or multi-generational living in a high-demand area.
- Modernized Key Spaces
The home features a beautifully remodeled kitchen and a renovated bathroom with contemporary fixtures, allowing for a move-in-ready experience with stylish, functional finishes.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Limited Outdoor Space
With a lot size of only 1,800 square feet, the property offers very limited yard space for gardening, pets, or private outdoor entertaining.
- Local School Ratings
The immediate neighborhood schools, such as Garfield Elementary and Roosevelt Middle, carry lower performance ratings, which may be a drawback for education-focused families.
About 1839 1839 Commerce Way
Welcome to 1839 Commerce Way — offered for the first time in nearly 40 years! This lovingly maintained home is a rare opportunity to own a property that has been cherished by the same owner for decades. Freshly painted inside and out, the home features a beautifully remodeled kitchen with modern cabinetry, updated countertops, and stylish finishes that blend comfort with functionality. The renovated bathroom offers contemporary fixtures and a clean, refreshed design. Natural light fills the living spaces, creating a warm and inviting atmosphere. The thoughtful updates make this home move-in ready while still offering room to personalize and add value. Downstairs, the spacious basement presents exciting ADU potential (buyer to verify with city) — ideal for multi-generational living, rental income, or a private guest suite. With its separate space and flexibility, the possibilities are abundant. Located in Oakland’s San Antonio neighborhood, near San Antonio Park, Lake Merritt, Roosevelt middle school and convenient commuter routes! First time on the market in almost four decades — come make it yours!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 1,800 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Garfield Elementary School
Grades K-5 • 0.3 mi
Franklin Elementary School
Grades K-5 • 0.6 mi
Bella Vista Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 41% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 1,078 | 1,389 | 28% |
| Lot Size | 1,800 | 4,294 | 10% |
| Price | $499.0K | $715.0K | 24% |
| Price per sq ft | $463 | $479 | 38% |
| Built year | 1924 | 1914 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 177 | 3% |
Pricing History
Listed for Sale
Mar 4, 2026
$499,000
Initial Listing






























